Key property features:
- 20 well-appointed self-contained motel rooms with kitchen/lounge and separate bedroom.
- Short walk to the beach and shops.
- Great long term property investment. With opportunity to set as long-term self-contained permanent rental property.
- Large 3-bedroom residence, with large lounge and kitchen. Further conversion options to maximise space.
- Ample off-street parking for motel guests.
- Rapid growth area with strong investment and industry in nearby Gladstone.
- Opportunity for continuous business growth.
We are pleased to be offering the Freehold interest of this beachside Motel providing accommodation only, (no restaurant or meals provided) located in Tannum Sands with only a short stroll to the beach, local shops, etc.
The unit configurations and fit-out lends itself to longer term occupancy, where all rooms are currently rented on a weekly basis. 20 units are fully self-contained with kitchen/lounge and private bedroom. All have split air conditioners and provide independence and privacy.
There is an opportunity for the astute buyer to convert the property back to a nightly motel business and benefit from increased revenue in this beachside town. Alternately continue as an efficient long stay property which only requires a manager/caretaker 2-3 hours a day to operate. This motel presents a very strong 3 star standard throughout with very low ongoing maintenance.
There is a large pool complex with barbeque areas plus a spacious lawn/garden area in the owners' residence.
With an estimated net return of $250,000 - $275,000 for 2023-24, this motel provides a great easy to run business and solid long-term investment.
Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2056MF (quote when enquiring)
Property Code: 4937
